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Mouro Capital Leads USD16m Series A for Mexican Freight Platform Nowports

1 July 2021

Mouro Capital led a USD16m Series A for Nowports, a Mexican automated freight platform, with participation from Foundation Capital, InvestoVC and angel investors Ricardo Weder (Jüsto), Carlos Salinas (Luuna) and Justin Mateen (Tinder) and follow-on from monashees, Base10 Partners, Broadhaven Ventures and Y Combinator. monashees and Base10 led a USD5.3m seed round in 2019. Nowports was selected to participate in YC’s Winter 2019 batch.

(TechCrunch) – Nowports, an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding.

Mouro Capital — a venture capital fund focused on fintechs and adjacent businesses that is backed by Banco Santander — led the round for the Monterrey, Mexico-based startup. Foundation Capital also participated in the financing, which included participation from existing backers Broadhaven Ventures, InvestoVC, Monashees, Base10 Partners and Y Combinator.

A number of angels also put money in the round, including founder Ricardo Weder, Luuna’s Carlos Salinas and Tinder co-founder Justin Mateen. The investment brings Nowports’ total raised since its 2018 inception to over $24 million.

Read more at TechCrunch.